A leading automobile manufacturer has set its ADC12 settlement prices for Mar’25 at INR 212,110/t, marking an increase of INR 4,210/t m-o-m, the highest in the past four months. This hike follows a recent surge in imported aluminium scrap prices amid its tight supply. Notably, the scrap-to-semi-finished spread for Mar’25 rose to INR 36,000-37,000/t, up by INR 3,000/t m-o-m.
India: Major automaker raises ADC12 settlement prices for Mar’25 amid raw material shortage
ADC12 price rise INR ADC12 price update aluminium price trends automobile industry price hike automobile manufacturing costs automobile sector price adjustments India aluminium market India automaker ADC12 price increase India: Major automaker raises ADC12 settlement prices for Mar’25 amid raw material shortage Mar’25 ADC12 settlement Mar’25 aluminium prices March 2025 ADC12 price raw material shortage automobile sector raw material shortage impact scrap price increase scrap to semi-finished spread
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